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reassume
(redirected from reassumptions)

   Also found in: Dictionary/thesaurus 0.04 sec.
See: recoup


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The increase in the statutory expense ratio was driven by lower ceding commission income resulting from lower cessions in 2004, as well as the effect of portfolio reassumptions and cessions in the first quarter related to the establishment of Channel Re.
The increase in the statutory expense ratio was driven by lower ceding commission income resulting from lower cessions in the first nine months of this year as well as the effect of portfolio reassumptions and cessions in the first quarter related to the establishment of Channel Re.
8 percent in the first half of 2003, primarily due to lower ceding commission income that resulted from the portfolio reassumptions and cessions in the first quarter.
 
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